INDIAN GAMING
IESF President hails Indian Government for officially recognising Esports as part of ‘multisport event’
Vlad Marinescu, president of the International Esports Federation (IESF), praised the Indian government’s recognition of esports as an official sport. He said it would create opportunities for Indian gamers to receive respect and recognition on a global scale. According to Marinescu, this action will
provide esports the same respect and recognition as other sports while giving Indian athletes incentives and international exposure. The company itself is working to have esports accepted as a legitimate sport on a global scale. The praise came a few days after the Indian
government officially recognized esports as a part of a multi-sports event under the Ministry of Youth Affairs and Sports. The Ministry of Electronics and Information Technology was named the nodal ministry for “Matters relating to online gaming.”
IESF also recently partnered with Bollywood
director Madhu Mantena and banker and entrepreneur Ravneet Gill-owned Big Bang Media Ventures to organize the inaugural Asia Open Esports Championship (Asia Open), which will begin in January. Marinescu stated that the initial goal would
be to generate positive value and effect change, although the two did not mention the amount of investment made in the competition. According to a statement from Mint,
Marinescu said, “India is the world’s second- largest esports market. It is central to the future of esports. The target of the first season may not be profitability but to get in more interest from those who are participating as well as sponsors. The FIFA World Cup, for instance, wasn’t making any profit for the first 10 editions.”
Owner of Big Bang Media Ventures Ravneet
Gill said, “Gen-Z is a very experiential generation, and gaming is a multi-cultural megatrend. The idea of doing the Asia Open was to bring some of these things to light and bring together gaming communities. We are delighted with the recent government announcement.”
Telangana: Student loses Rs. 95 lakh to illegal betting platform, cops warn youth from playing online rummy using fake GPS
Hyderabad police on Sunday said it has tightened the vigil and will book those involved in playing online rummy using GPS applications to use fake locations. The police said there is a complete ban on online rummy for stakes in the state and the operators and players can be punished. The announcement comes in the background
of a person from Hyderabad outskirts losing rupees ninety five lakh to online rummy and gambling. A student had reportedly gambled the amount on King 567 platform using the proceeds deposited into his father’s bank account by the state government for acquisition of land. King 567 is an illegal betting and gambling
platform and it is interesting that the law enforcement is labeling every online gambling activity as rummy which is a game of skill as per judicial precedents. News reports in the Telugu states have labelled the loss of amounts to rummy while it is actually related to gambling and betting. Telangana is the first state to ban gaming for
stakes on all kinds of games since 2017. However, in recent times, illegal betting and gambling websites have been aggressively advertising using online and outdoor means with law enforcement turning a blind eye.
34 FEBRUARY 2023 In one such incident,
entire coaches of Hyderabad metro rail were plastered with advertisements of illegal betting platforms. Two time legislator and top Telugu hero N. Balakrishna was seen promoting illegal gambling brand Fun88 in a popular Telugu show Unstoppable2. In an advisory in October 2022, citing
significant financial and socio-economic risks for the consumers, the central government said that multiple online offshore betting platforms were using news websites as a surrogate product to advertise their platforms. Essentially, it was observed that many online betting platforms were advertising themselves as ‘professional sports blogs’ and ‘sports news websites’ while operating as full-fledged betting platforms. The central government directed print, online and digital platforms to refrain from advertising or promoting these platforms.
Founded by industry veterans, G2G News is an independent news portal covering all developments relating to online gaming,
poker, gambling, casino, cricket betting and esports in India and the Indian subcontinent.
www.g2g.news
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84
